WESTCHESTER COUNTY, N.Y., Jan. 14, 2019 /PRNewswire/ -- The Friedlander Group, Inc., the Group Manager for Wholesale Group of New York Workers' Compensation Safety Group #551, underwritten by the NYS Insurance Fund, paid a 25% dividend to 327 members with policies effective from April 1, 2017, to April 1, 2018. The Wholesale safety group will offer renewing members up to a 25% advance discount.
The 25% dividend is in addition to the advance discount of 25%. The 25-year average dividend is 30%. A member with a standard premium of $10,000 paid only $5,625 in premium after discounts and dividends.
"For the past quarter of a century, wholesalers in our safety group maximized their productivity and profits by keeping their employees safe and working," said Friedlander Group President and Group Manager Adam Friedlander. "Wholesalers have benefited from safety and over 44% savings on their workers' compensation, year after year."
In addition to this wholesale workers' compensation safety group, Friedlander Group manages six others for retailers, restaurants, hotels, oil dealers, home health care and residential care facilities. In total, $229 Million in dividends have been paid to members, in addition to discounts.
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Adam Friedlander, President
Press release distributed by PRLog
SOURCE The Friedlander Group, Inc.